SUPD.L Regulatory News (SUPD)

9 Jun 2006 14:25

Sunplus Technology Co Limited09 June 2006 Hsinchu Science Park, Hsinchu, Taiwan, R.O.C. June 9th, 2006 - SunplusTechnology Co., Ltd. (SUNPLUS or the "Company") (TAIEX: 2401, LSE: SUPD), todayheld the annual shareholders meeting, at which the shareholders approved thedistribution of NT$2 cash dividend per common share plus 5% stock dividend.According this proposal, GDR holders will get NT$4 cash dividend per GDR sharefor each GDR share represents 2 common Sunplus shares and 5% stock dividend. The major resolutions of this shareholders' meeting are as follow: 1. Shareholders accepted the financial results for 2005. Net sales for FY2005were NT$18.78 billion and net income was NT$2,398 million, with an earnings pershare of NT$2.56. 2. Shareholders approved the capitalization of dividends and employee profitsharing to be distributed from fiscal year 2005 profits and capital reserves.The company will distribute NT$2.0 cash dividend per common share from profitsand 5% stock dividend as 30 shares per 1,000 shares from profits also 20 sharesper 1,000 shares from capital surplus, and issue 22,500,000 shares as employeestock bonus plus employee cash bonus NT$25million from earnings. Issuance of newshares totaled 69,807,382 common shares. 3. Increase authorized capital to NT$12 billion from NT10.5 billion. 4. Election for Directors and Supervisor of Sunplus Board Meeting : 4 of Directors: Chou-Chye Huang ,Yarn-Chen Chen, Bing Huang Shih, Ritek Corp., Hou-Shien Chu and Po-Young Chu 2 of Supervisors: Global View Technology Co., Ltd., Liang-Chung Chang About Sunplus Technology Sunplus Technology Company Limited, established in 1990, is an IC design companydevoted to electrical consumer applications. Sunplus offers not only IC designbut also system solutions to maximize customer's profit by differentiating eachdesign. Sunplus' reusable IP such as audio/video, microprocessor and digitalsignal processor technologies applied to hundreds of IC products such as DVDplayer/recorder, LCD driver/controller, game processor, camera controller,mobile media processor and ASICs that contributed to our quality life. Withsales of NT$18,781 million for 2005, Sunplus has a compound annual growth rateof over 30% over 5 years. For more information, please visit the Sunpluswebsite: www.sunplus.com. Press Contact: Sunplus Spokesman Public Relations/Investor Relations:Wayne Shen Ann LaiTEL: +886-3-5786005 ext 2350 TEL: +886-3-5786005 ext 2202FAX: +886-3-5786006 FAX: +886-3-5786006E-mail: wayne@sunplus.com E-mail: annlai@sunplus.com This information is provided by RNS The company news service from the London Stock Exchange